Whether Purchasing of single cotton Yarn cone of 2kg each and mere Re-winding them into smaller pices/ cones (say 250 grams each) amounts to Manufacture for determining taxability under Central Excise Act ???
2 Replies
Umesh V Naig
(Statutory Analyst)
(452 Points)
Replied 09 August 2017
any addition or deletion of its original character of a product is amounting to manufacturing including repacking from bulk
container to even small ones and the same is marketable it is considered as manufacturing.
That is to say original character was in bulk container and when filled .
That is why to avoid all the complications the GST has brough in the definition of " supply of destination " let it be finished marketable product or work in progress product or sample product it is considered for GST taxation.
Very interesting to accept this
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